Mumbai: Future Supply Chain Solutions, the logistics arm of Future Group, on Monday made a decent debut on the bourses when it ended with gains of over three per cent to its issue price. The stock opened at Rs 674, reflecting a gain of 1.50 per cent from the issue price of Rs 664 on the BSE. During the day, it hit an intra-day high of Rs 698.70, which marked a gain of 5.22 per cent. Around 9.30 lakh shares were traded on the BSE and over 55 lakh shares changed hands on the NSE. The issue comprised the sale of around 98 lakh equity shares, amounting to a 24.43 per cent stake, by Future Enterprises and private equity investor Griffin Partners.

Source: The Telegraph December 18, 2017 19:52 UTC